tag:blogger.com,1999:blog-16999436494804963772024-02-18T21:43:41.232-08:00Daily LatAm FX tech outlookPractice makes Perfection! join me daily to get a brief of latam FX markets while I improve my FX analytic Tech skills answering any questions and reviewing your feedbackUnknownnoreply@blogger.comBlogger31125tag:blogger.com,1999:blog-1699943649480496377.post-79639079326537292932010-03-17T08:27:00.000-07:002010-03-17T08:29:59.348-07:00USD/MXN 17/Mar/2010<a href="http://2.bp.blogspot.com/__xV94PpIvwA/S6D1P3L8VPI/AAAAAAAAAJA/9Kn4py67fHM/s1600-h/usdmxn+D+17-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5449625201979184370" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 288px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S6D1P3L8VPI/AAAAAAAAAJA/9Kn4py67fHM/s400/usdmxn+D+17-03-2010.PNG" border="0" /></a> USD/MXN daily chart reveals no signs of trend exhausting yet, RSI still to pierce the oversold area and roc flat at the below cero level, today’s support set over the Chikou Japanese level at 12.47 level.<br /><div><a href="http://4.bp.blogspot.com/__xV94PpIvwA/S6D1PaeA1AI/AAAAAAAAAI4/Z_TnjbFtzu0/s1600-h/usdmxn+H+17-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5449625194270348290" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 287px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S6D1PaeA1AI/AAAAAAAAAI4/Z_TnjbFtzu0/s400/usdmxn+H+17-03-2010.PNG" border="0" /></a> USD/MXN Price testing the 12.47 level continuing with the overall bearish trend, pullbacks yielded by lateral oscillators warned us of correction upwards back to the 12.50 level (mid Bollinger) MACD still bearish and stochastic sensitivity increasing to mild price movements, we can expect downward to continue towards the 12.46 level.<br /><br /><div><br /><br /><br /> </div><div></div><br /><br /><div></div><br /><br /><div></div><br /><br /><div><br /> </div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-47971922088229038282010-03-17T08:25:00.001-07:002010-03-17T08:27:12.257-07:00USD/CLP 17/Mar/2010<a href="http://1.bp.blogspot.com/__xV94PpIvwA/S6D0uaKNIwI/AAAAAAAAAIw/ne0uQZmXvOM/s1600-h/usdclp+H+17-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5449624627251585794" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 283px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S6D0uaKNIwI/AAAAAAAAAIw/ne0uQZmXvOM/s400/usdclp+H+17-03-2010.PNG" border="0" /></a><br /><div>CLP on the hourly intra day study, upward trading channel getting narrower with price testing 527 level and responding to mild correction movements back to the 75% 524 anticipated by the Stochs and RSI, bullish trend gaining momentum we can expect this to continue, next intra day resistance: 527. <a href="http://4.bp.blogspot.com/__xV94PpIvwA/S6D0hiTzA7I/AAAAAAAAAIo/Bhb6ELc6U-M/s1600-h/usdclpl+D+17-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5449624406101001138" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 289px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S6D0hiTzA7I/AAAAAAAAAIo/Bhb6ELc6U-M/s400/usdclpl+D+17-03-2010.PNG" border="0" /></a><br /><br /><div><br />CLP Price testing the upper cloud resistance at 529.11 and Japanese oscillators aiming to take a bullish crossover while MACD has done so just on the cero level, RSI pushing upward and momentum at cero % level, bullish behaviour with next resistance to break at the 38.2% level of 531.33 </div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div><br /> </div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-32318216492195327562010-03-17T08:23:00.000-07:002010-03-17T08:24:47.173-07:00USD/BRL 17/Mar/2010<a href="http://1.bp.blogspot.com/__xV94PpIvwA/S6D0NmP8QBI/AAAAAAAAAIg/ZdGtxG7UsTk/s1600-h/usdbrl+D+17-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5449624063561187346" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 288px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S6D0NmP8QBI/AAAAAAAAAIg/ZdGtxG7UsTk/s400/usdbrl+D+17-03-2010.PNG" border="0" /></a><br /><div><br />BRL Long term daily Study, shows a trading period followed after the main bearish trend price floating between the 1.7548 and 1.7672. Downward movement gaining momentum and RSI still with terrain to push downward without overselling, next support to break is the 1.75 level. </div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-74497848920160638442010-03-17T08:14:00.000-07:002010-03-17T08:23:27.494-07:00USD/COP 17/03/2010<a href="http://2.bp.blogspot.com/__xV94PpIvwA/S6Dz43w8JiI/AAAAAAAAAIY/UiPsTMQppdI/s1600-h/usdcop+D+17-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5449623707485742626" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 289px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S6Dz43w8JiI/AAAAAAAAAIY/UiPsTMQppdI/s400/usdcop+D+17-03-2010.PNG" border="0" /></a><br /><div><br />Bearish divergence on the RSI, formation on the candles suggest an upward piercing pattern supported by a positive MACD forest next resistance to break set at the 1,904 Fibo 61.8% retracement, we can expect the corrective upward to start retracing at the 1,897 and aim towards an 1,887 price level.<br /></div><br /><div></div><br /><div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-28855544229164083712010-03-10T07:05:00.000-08:002010-03-10T07:09:36.859-08:00USD/MXN 10/MAR/2010<a href="http://3.bp.blogspot.com/__xV94PpIvwA/S5e2E6O2S6I/AAAAAAAAAIQ/jWS9HYMzFzo/s1600-h/usdmxn+H+10-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5447022469795171234" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 254px" alt="" src="http://3.bp.blogspot.com/__xV94PpIvwA/S5e2E6O2S6I/AAAAAAAAAIQ/jWS9HYMzFzo/s400/usdmxn+H+10-03-2010.PNG" border="0" /></a><br /><div>USD/MXN Hourly intra day studies show further downward movement on today's bearish trend, price break through the 61% Fibo level fast stoch’s on hourly oversold and and a firm bearish RSI today’s first trading day support at the 12.5900<br /><br /><br /><a href="http://2.bp.blogspot.com/__xV94PpIvwA/S5e2Ej6qXMI/AAAAAAAAAII/VNZUhUNtjmQ/s1600-h/usdmxn+D+10-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5447022463804923074" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 248px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S5e2Ej6qXMI/AAAAAAAAAII/VNZUhUNtjmQ/s400/usdmxn+D+10-03-2010.PNG" border="0" /></a><br /><br /><div><br />USD/MXN Price testing the 0% Fibo barrier, no signs yet of any trend reversal<br /></div><br /><br /><div></div><br /><br /><div><br /> </div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-80241407198267009772010-03-08T09:25:00.001-08:002010-03-08T09:27:52.100-08:00EUR/USD 08-Mar-2010<a href="http://3.bp.blogspot.com/__xV94PpIvwA/S5Uza-QkfFI/AAAAAAAAAIA/9NwFwOj7p08/s1600-h/eurusd+D+08-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5446315862856596562" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 300px" alt="" src="http://3.bp.blogspot.com/__xV94PpIvwA/S5Uza-QkfFI/AAAAAAAAAIA/9NwFwOj7p08/s400/eurusd+D+08-03-2010.PNG" border="0" /></a><br /><div>EUR/USD long term daily study show no strong evidence of reversal on the bearish trend, wide gap among tenkan and kinjun, Doji pattern on the slight upward correction warning of a possible bullish corrective shooting star, lets wait for the next candle to confirm as the weak buying signals occur on the MACD oscillators and RSI, today resistance set at Kinjun’s 1.3730 <a href="http://4.bp.blogspot.com/__xV94PpIvwA/S5Uzah0K1SI/AAAAAAAAAH4/7q34bwlTN1Q/s1600-h/eurusd+H+08-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5446315855221282082" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 287px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S5Uzah0K1SI/AAAAAAAAAH4/7q34bwlTN1Q/s400/eurusd+H+08-03-2010.PNG" border="0" /></a><br /><br />EUR/USD Horly Study verifys of a downtrend correction after last three days upswing, hourly non-legged doji at today's lowest 61.8% of fibo level warns us of an upward movement for today as the sotch’s made their second dip on the oversold area, todays trandign band setted at 1.3600 -1.3680, we can expect to back to the 80 level in the next few hours.<br /><br /><div></div><br /><br /><div><br /> </div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-62604837159071735012010-03-08T07:33:00.001-08:002010-03-08T08:19:21.934-08:0008/MAr/2010<a href="http://2.bp.blogspot.com/__xV94PpIvwA/S5UZHrxIgsI/AAAAAAAAAHw/PTHPwmc9bNE/s1600-h/usdmxn+D+08-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5446286944173064898" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 290px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S5UZHrxIgsI/AAAAAAAAAHw/PTHPwmc9bNE/s400/usdmxn+D+08-03-2010.PNG" border="0" /></a><br /><div>USD/MXN Long term daily observation Study: trend movements running out exhaust for today, long-legged Doji forming today warning us for missed of validation on the bearish trend as it losses momentum but keep the oscillators strong in the trend direction.<br /><a href="http://2.bp.blogspot.com/__xV94PpIvwA/S5UY889jXvI/AAAAAAAAAHo/F2ksVFFMXng/s1600-h/usdmxn+H+08-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5446286759809998578" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 288px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S5UY889jXvI/AAAAAAAAAHo/F2ksVFFMXng/s400/usdmxn+H+08-03-2010.PNG" border="0" /></a><br />USD/MXN Intra day hourly Study: Mild ipward correction price movement as the stoch’s yield on the bullish side and an RSI shows positive skewed, price testing the 23.6% fibo level at 12.63 and pushing to the 12.65, resistance for today set at 12.67 level<br /><br /><br /><div></div><br /><br /><div></div><br /><br /><div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-30379490153249126862010-03-05T08:33:00.000-08:002010-03-05T08:45:06.922-08:0005/Mar/2010 EUR/USD<a href="http://4.bp.blogspot.com/__xV94PpIvwA/S5Ey68thjCI/AAAAAAAAAHY/vBPaHjT9WbU/s1600-h/eurusd+D+05-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5445189412778511394" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 298px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S5Ey68thjCI/AAAAAAAAAHY/vBPaHjT9WbU/s400/eurusd+D+05-03-2010.PNG" border="0" /></a><br />EUR/USD Daily Study: Price over trading channel inflection point after a heavy sustained bearish trend, gap on Tenkan over Kijun and mild MACD upward correction signals, downward trend to continue along with the negative price channel among the 1.35-1.38 levels<br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div><br />EUR/USD Intray day Study: price upward correction timely reacting the RSI bullish signal. <a href="http://4.bp.blogspot.com/__xV94PpIvwA/S5EzkltyTaI/AAAAAAAAAHg/DomM86Y4-N8/s1600-h/eurusd+H+05-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5445190128160099746" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 293px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S5EzkltyTaI/AAAAAAAAAHg/DomM86Y4-N8/s400/eurusd+H+05-03-2010.PNG" border="0" /></a>None the less the MACD bullish crossover is a correction signal not a trend reversal as it took place in below cero area, Stoch’s taking the first dip and a black hourly candle on the Price pattern formation still bullish , resistance for today settled at the 61.38% Fibo line, 1.3630. Price will dance arount the 30-40 levels</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-47987178131185823932010-03-05T07:58:00.000-08:002010-03-05T08:02:32.011-08:00USD/MXN 05/Mar/2010<div><a href="http://4.bp.blogspot.com/__xV94PpIvwA/S5EqziHeuEI/AAAAAAAAAHI/diEvwZFGLeU/s1600-h/usdmxn+H+05-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5445180489287514178" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 290px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S5EqziHeuEI/AAAAAAAAAHI/diEvwZFGLeU/s400/usdmxn+H+05-03-2010.PNG" border="0" /></a><br />USD/MXN Intra day. Study: RSI negative divergence took his pay off from the intra day bulls. Price tested the 12.65 level and stoch’s get ahead at the first oversold dip, MACD strongly bearish on negative area. Intra day takuri in Japanese formation predicts of a return to the 12.68 for today<br /><br /><div><br /><div></div><br /><br /><div></div><br /><div></div><br /><br /><div><a href="http://3.bp.blogspot.com/__xV94PpIvwA/S5Eq-DRDZPI/AAAAAAAAAHQ/bJf4iWR9OrI/s1600-h/usdmxn+D+05-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5445180669984728306" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 286px" alt="" src="http://3.bp.blogspot.com/__xV94PpIvwA/S5Eq-DRDZPI/AAAAAAAAAHQ/bJf4iWR9OrI/s400/usdmxn+D+05-03-2010.PNG" border="0" /></a><br />USD/MXN Daily study: bearish aggressive pattern has no indication of stopping soon, Exp RSI warns of a tech rebound stopping to test the 12.60 level today </div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-71735741209850562512010-03-04T08:12:00.001-08:002010-03-04T08:15:52.647-08:00USD/MXN 04/Mar/2010<div><a href="http://4.bp.blogspot.com/__xV94PpIvwA/S4_cWQvllyI/AAAAAAAAAGg/x8auwRXf8Vo/s1600-h/usdmxn+H+04-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5444812749524014882" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 288px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S4_cWQvllyI/AAAAAAAAAGg/x8auwRXf8Vo/s400/usdmxn+H+04-03-2010.PNG" border="0" /></a> Intra day hourly studies USD/MXN: Hourly candle analysis show an unpward tech rebound back to the 23.6% Fibo level after last stron bearish trend on February the 25th. Weak bull signal triggered on the negative territory of MACD with very clear negative divergence on the upward correction and the RSI. Rest of the day we can expect the price hit back the 12.68 level. Stoch’s reacting already on the overbought area.<br /><div></div><br /><div></div><br /><div></div><br /><div><br />USD/MXN Daily study: as it was <a href="http://1.bp.blogspot.com/__xV94PpIvwA/S4_ckCpzUgI/AAAAAAAAAGo/xtD5JuUJsRw/s1600-h/usdmxn+D+04-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5444812986259821058" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 267px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S4_ckCpzUgI/AAAAAAAAAGo/xtD5JuUJsRw/s400/usdmxn+D+04-03-2010.PNG" border="0" /></a>shown by the triangle figure, MXN is having a slight upward correction day a Roc approaching 0 and the Exponential RSI bouncing from the oversold band, bearish oscillator indicators are still pretty strong, no sings for suspect trend reversal yet </div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-60944678716941813992010-03-03T07:51:00.000-08:002010-03-03T07:54:17.704-08:00USD/MXN 03/MAR/2010<div><a href="http://1.bp.blogspot.com/__xV94PpIvwA/S46FxyqBAsI/AAAAAAAAAGQ/O_yYzhFbxAc/s1600-h/usdmxn+D+03-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5444436089995592386" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 301px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S46FxyqBAsI/AAAAAAAAAGQ/O_yYzhFbxAc/s400/usdmxn+D+03-03-2010.PNG" border="0" /></a> USD/MXN Daily study: Japanese clouds confirms a strong daily bearish trend with no signs of weakening yet, how ever as the candles daily body keeps on tightening we might see a big determent price break through, Exp RSI dipping into oversold area and ROC loosing momentum over the main bearish trend </div><br /><p></p><br /><p></p><br /><p></p><br /><p></p><br /><p></p><br /><p><br />30 minutes intra day Study USD/MXN: Oscillators keep on <a href="http://4.bp.blogspot.com/__xV94PpIvwA/S46GBXl61SI/AAAAAAAAAGY/DpVr5FlxvCE/s1600-h/usdmxn+H+03-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5444436357608559906" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 301px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S46GBXl61SI/AAAAAAAAAGY/DpVr5FlxvCE/s400/usdmxn+H+03-03-2010.PNG" border="0" /></a>yielding mild tech rebound signals after testing the 12.69 support from momentum indicators trigger a tech rebound yet with both slow and fast stoch’s avoiding the first dip yet. Japanese candle formation warns us of a reversal to the 12.70 before coming back again as MACD is still on negative territory<br /></p><br /><p></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-79709311332325463122010-03-02T07:41:00.000-08:002010-03-02T07:45:39.994-08:00USD/MXN 02/03/2010<div><a href="http://4.bp.blogspot.com/__xV94PpIvwA/S40yUMJ8LoI/AAAAAAAAAGA/I4xGqPlPii0/s1600-h/usdmxn+D+02-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5444062847002488450" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 273px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S40yUMJ8LoI/AAAAAAAAAGA/I4xGqPlPii0/s400/usdmxn+D+02-03-2010.PNG" border="0" /></a><br />USD/MXN Daily studies shown a confirmed set bearish trend ano evidence for this to change over the next days, Candles show and opening lower each day, but with decreasing body length, should expect a Doji pattern to build over the bearish trend until we can suspect a change, gap along bearish tankan cross over keeps on widening, expect to break the 12.70 level this week<br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div><a href="http://1.bp.blogspot.com/__xV94PpIvwA/S40ydiwDAXI/AAAAAAAAAGI/PinDO3W10y0/s1600-h/usdmxn+H+02-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5444063007686721906" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 282px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S40ydiwDAXI/AAAAAAAAAGI/PinDO3W10y0/s400/usdmxn+H+02-03-2010.PNG" border="0" /></a>USD/MXN Hourly Studies indicate a mild upward technical correction over the main bearish trend, pushing the price back to the 12.72 levels after test the 12.69 barrier, Stoch’s reacting fast, will breach overbought around 12.75 before pushing down again. </div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-75062701556309348892010-03-01T07:39:00.000-08:002010-03-01T07:49:30.626-08:0001/MAR/2010<div><img id="BLOGGER_PHOTO_ID_5443690812972194050" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 301px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S4vf89ZD2QI/AAAAAAAAAFw/lCg0HaeP0yc/s400/usdmxn+H+01-03-2010.PNG" border="0" /><br />USD/MXN Rally over peso is long gone for now, stochastic hesitating to take the first dip and MACD flirts with weak correction crossover below the -1 line, price channel between the 12.74 line and the 12.78. we bearish trading channel with heavy inflection undetermined hourly period. We can expect minor upward correction among the same downside trend for the next few days to come<br /><br /><p></p><br /><p></p><br /><p></p><br /><p> </p><p><a href="http://2.bp.blogspot.com/__xV94PpIvwA/S4vgbgJGg7I/AAAAAAAAAF4/rvI92hg6VsQ/s1600-h/usdmxn+D+01-03-2010.PNG"><img id="BLOGGER_PHOTO_ID_5443691337696576434" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 297px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S4vgbgJGg7I/AAAAAAAAAF4/rvI92hg6VsQ/s400/usdmxn+D+01-03-2010.PNG" border="0" /></a></p><p>USD/MXN: Daily Studies showed all Japanese textbook confirmed bearish signals with decreasing daily momentum, 12.7525 barrier tested, lowest closed in the last six month period was 12.65, Bearish price formation taking place<br /></p></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-11241090191046750672010-02-26T13:10:00.003-08:002010-02-26T13:11:56.167-08:00USD/MXN 26/02/2010<a href="http://4.bp.blogspot.com/__xV94PpIvwA/S4g5AIVtzJI/AAAAAAAAAFo/4nO_cyWWM0I/s1600-h/usdmxn+D+26-02-2010.PNG"><img id="BLOGGER_PHOTO_ID_5442662824078593170" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 290px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S4g5AIVtzJI/AAAAAAAAAFo/4nO_cyWWM0I/s400/usdmxn+D+26-02-2010.PNG" border="0" /></a><br /><div><br />26/Feb/2010 Daily Study: baseline of our last candle hovering around the 12.78 level, gap spread of the bearish sign triggered by Japanese oscillators is widening, bearish MCD approaching negative territory, price formation lures for the third Doji buttom star, slow stochastic still to penetrate oversold regions, reverse trending to bearish is becoming confirmed by the three Japaneese signals, we can expect a third undetermined trading day among the 12.77 12.85 channel. Enjoy the weekend, over and out. </div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-89387611702729488102010-02-26T13:10:00.001-08:002010-02-26T13:10:07.405-08:00Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-66134002772262676392010-02-24T08:27:00.001-08:002010-02-24T08:30:13.889-08:00<a href="http://1.bp.blogspot.com/__xV94PpIvwA/S4VTiiZL04I/AAAAAAAAAFY/c2OGYAlxUaY/s1600-h/usdmxn+H+24-02-2010.PNG"><img id="BLOGGER_PHOTO_ID_5441847577560208258" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 301px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S4VTiiZL04I/AAAAAAAAAFY/c2OGYAlxUaY/s400/usdmxn+H+24-02-2010.PNG" border="0" /></a><br /><div>24/Feb/2010 Downward correction after yesterday rally on the MXN, price breaking already the 50% Fibo retracement, increasign downtrend signal over macD but the crossover was still in positive territory, sotchs are not double dipping so we can expect this down ward correctinous all the way to 12.83’s level before bulls re enter it </div><br /><p> </p><p> </p><br /><br /><p></p><br /><br /><p> </p><p> </p><p> </p><p><br />USD/MXN Daily long term study show quick correction after a winning day for the USD than<a href="http://1.bp.blogspot.com/__xV94PpIvwA/S4VTzuaLKWI/AAAAAAAAAFg/TAK6YN5IuHs/s1600-h/usdmxn+D+24-02-2010.PNG"><img id="BLOGGER_PHOTO_ID_5441847872843360610" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 290px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S4VTzuaLKWI/AAAAAAAAAFg/TAK6YN5IuHs/s400/usdmxn+D+24-02-2010.PNG" border="0" /></a> end up with strong crossover in oscillators (MACD and Tenkan/Kijun) forming today’s weak dark cloud formation pattern still touching the resistance of the cloud, not enough confirmations signals for a trend downward reversal yet, four days of trading within the cloud confirm the heavy trading period, Fast stoch’s alredy returnning from oversold Hold long positions, if any trigger exits at 12.78 Cheers!! <br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-20985341865116878462010-02-22T08:29:00.000-08:002010-02-22T08:35:21.530-08:00USD/MXN 22/FEB/2010<a href="http://1.bp.blogspot.com/__xV94PpIvwA/S4KyBbXrm8I/AAAAAAAAAFQ/_JrSNBg7sTY/s1600-h/usdmxn+D+22-02-2010.PNG"><img id="BLOGGER_PHOTO_ID_5441107037413678018" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 277px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S4KyBbXrm8I/AAAAAAAAAFQ/_JrSNBg7sTY/s400/usdmxn+D+22-02-2010.PNG" border="0" /></a> Daily study for USD/MXN 22/feb/2010: Today’s trading day behaves like an inflection point, due to the Doji formation on today's candle, bearish crossover about to take place on the tenkan, kijun lines, and a double dip positive divergence yielded bon the fast-slow sotch lines, today is good day to go long and at the 12.78 level to make an overnight gain in tomorrows tech rebound z<br /><div><br /><br /><div><a href="http://2.bp.blogspot.com/__xV94PpIvwA/S4KxYKhlsXI/AAAAAAAAAFA/tOVAEU7m2As/s1600-h/usdmxn+H+22-02-2010.PNG"><img id="BLOGGER_PHOTO_ID_5441106328517194098" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 290px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S4KxYKhlsXI/AAAAAAAAAFA/tOVAEU7m2As/s400/usdmxn+H+22-02-2010.PNG" border="0" /></a><br /><div>Hourly Study: USD/MXN, after reaching buttom at 12.74 usd/mxn is approaches back to the trading channel of the 12.80 momentum and oscillators trigger the buy signals as an upward that is about tu over, as the Japanese price formation yields with the shooting star formation trend reversal to bearish watch for the double top sell confirmation on the bollinger. ,rest of the day we can expect a high volatile undetermined trading day </div><br /><br /><div></div><br /><br /><div></div><br /><div><br /> </div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-36376170640042506532010-02-12T07:32:00.001-08:002010-02-12T07:36:25.362-08:00USD/MXN 12/02/2010<a href="http://1.bp.blogspot.com/__xV94PpIvwA/S3V0z4ryBTI/AAAAAAAAAEw/2BlSWlqr4f4/s1600-h/usdmxn+H+12-02-2010.PNG"><img id="BLOGGER_PHOTO_ID_5437380559857911090" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 300px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S3V0z4ryBTI/AAAAAAAAAEw/2BlSWlqr4f4/s400/usdmxn+H+12-02-2010.PNG" border="0" /></a> Intra day Study: Oscillators at the breakeven inflection point, price pattern shows a bearish trend for today while MACD approaches negative territory, bearish support confirmation for today set as 12.95 following fibo projections, none stochastic still triggering oversold. We could this bearish near term correction continuing for today<br /><br /><p></p><br /><p></p><br /><p></p><p></p><p></p><p></p><p> </p><p> </p><p> </p><p><a href="http://3.bp.blogspot.com/__xV94PpIvwA/S3V0-rRRPYI/AAAAAAAAAE4/9zEHDGdcm4k/s1600-h/usdmxn+D+12-02-2010.PNG"><img id="BLOGGER_PHOTO_ID_5437380745235611010" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 276px" alt="" src="http://3.bp.blogspot.com/__xV94PpIvwA/S3V0-rRRPYI/AAAAAAAAAE4/9zEHDGdcm4k/s400/usdmxn+D+12-02-2010.PNG" border="0" /></a></p><p>Daily period study over usd/mxn, bulls have not yet to worry about for a main reverse trend as all the daily period oscillators still confirm a bullish trend, today's candle penetrate the cloud support but still is a winning candle, crossover within the cloud next to chikou shows trading period but not a strong trend reversal yet., support set within the cloud at 12.80<br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-49591482336290631522010-01-20T08:37:00.000-08:002010-01-20T08:43:06.823-08:0020/01/2010<a href="http://1.bp.blogspot.com/__xV94PpIvwA/S1cyBdjCcCI/AAAAAAAAAEo/jhVQAfppsBI/s1600-h/usdmxn+D+20-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5428862876511268898" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 299px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S1cyBdjCcCI/AAAAAAAAAEo/jhVQAfppsBI/s400/usdmxn+D+20-01-2010.PNG" border="0" /></a> USD/MXN Daily Study: After three straight days on Doji closes, the dollar finally get some winnings, it is all intra day upward correction, or technical rebound if you will as none of the oscillators nor momentum indicators yield reverse trend yet. Ichimoku signals remain strong bearish, lets set resistance at the beginning of today's cloud 12.80<br /><br /><div><a href="http://4.bp.blogspot.com/__xV94PpIvwA/S1cxq-V_frI/AAAAAAAAAEg/l46OP4zjGVE/s1600-h/usdmxn+H+20-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5428862490177928882" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 284px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S1cxq-V_frI/AAAAAAAAAEg/l46OP4zjGVE/s400/usdmxn+H+20-01-2010.PNG" border="0" /></a><br /><div>USD/MXN Intra day study: Confirmed hourly trend reversal by oscillator and momentum indicators, the bullish pattern still weak and stochastic’s already yield overbought, RSI approaching same levels, resistance for today at 12.77, 10 period Bollinger yields a double top sell signal, recommendation, quit with the winnings and go short for the rest of the day. </div></div><br /><p></p><br /><p></p><br /><p><br /> </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-73633558647019080592010-01-19T07:56:00.001-08:002010-01-19T07:59:52.573-08:00USD/MXN 19/01/2010<a href="http://4.bp.blogspot.com/__xV94PpIvwA/S1XWnRqfD6I/AAAAAAAAAEY/nWjREf2qLIQ/s1600-h/usdmxn+D+19-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5428480896109842338" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 276px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S1XWnRqfD6I/AAAAAAAAAEY/nWjREf2qLIQ/s400/usdmxn+D+19-01-2010.PNG" border="0" /></a> USD/MXN Long term Daily Study: Japanese oscillators yield strong selling signs, good confirmed tendency by the cloud and the tenkan-sen. Followed by the same pattern in the MACD. Look for the price formation of three takuris in a row, coud be a sign that the bottom has been reached, stay alert for a 12.70’s breach.<br /><div><a href="http://4.bp.blogspot.com/__xV94PpIvwA/S1XWepRSWKI/AAAAAAAAAEQ/HWDkQEJ_-vQ/s1600-h/usdmxn+H+19-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5428480747827779746" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 270px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S1XWepRSWKI/AAAAAAAAAEQ/HWDkQEJ_-vQ/s400/usdmxn+H+19-01-2010.PNG" border="0" /></a><br />USD/MXN Hourly Studies show no divergence on the bearish downtrend signalled by oscillators, Fast and slow stocasticks approaching oversold and a new trading channel established at 12.35-12.77 , large volatily session for today given the gap on the 10 period bollinger<br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div><br /> </div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-17106196476421623702010-01-08T07:50:00.000-08:002010-01-08T07:53:32.051-08:00USD/MXN 08/01/2010<a href="http://4.bp.blogspot.com/__xV94PpIvwA/S0dU4V3dM5I/AAAAAAAAAEI/TQE7hX_kNOo/s1600-h/usdmxn+H+08-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5424397603110204306" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 277px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S0dU4V3dM5I/AAAAAAAAAEI/TQE7hX_kNOo/s400/usdmxn+H+08-01-2010.PNG" border="0" /></a> Hourly outlook shows an upward mild correction from the main daily bearish trend, with an hourly morning star formation over the last three hours and a bullish momentum indicators, intra day support set at 12.7900 barrier<br /><a href="http://3.bp.blogspot.com/__xV94PpIvwA/S0dUqyaKDnI/AAAAAAAAAEA/LTUenm-ihrY/s1600-h/usdmxn+D+08-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5424397370253774450" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 299px" alt="" src="http://3.bp.blogspot.com/__xV94PpIvwA/S0dUqyaKDnI/AAAAAAAAAEA/LTUenm-ihrY/s400/usdmxn+D+08-01-2010.PNG" border="0" /></a><br />USD/MXN Daily Study. Bearish trend continuous without correction. Resistance set beneath the 10 period Bollinger at 12.70 momentum and oscillators look bearish while the fast stochastics triggers first premature buy sign, lets wait for the second one to confirm.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-15585188498570869662010-01-05T08:51:00.000-08:002010-01-05T08:55:55.263-08:00USD/MXN 05/01/2010<a href="http://2.bp.blogspot.com/__xV94PpIvwA/S0NuqHg0voI/AAAAAAAAAD4/Gg5sVEizOo8/s1600-h/usdmxn+H+05-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5423300046134492802" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 297px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S0NuqHg0voI/AAAAAAAAAD4/Gg5sVEizOo8/s400/usdmxn+H+05-01-2010.PNG" border="0" /></a> USD/MXN Hourly Study shows a big space for a positive divergence forming, still need to wait for all the confirmations signals. Momentum indicators are beginning to push up but still everything remains on the bearish side whit quite volatile gap on the 10 periods Bollinger, don’t forget to note the bullish piercing pattern on the candles, good time to go intra day long.<br /><br /><div><a href="http://2.bp.blogspot.com/__xV94PpIvwA/S0NudHvQWoI/AAAAAAAAADw/Wo-RKBgeGvY/s1600-h/usdmxn+D+05-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5423299822856723074" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 301px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/S0NudHvQWoI/AAAAAAAAADw/Wo-RKBgeGvY/s400/usdmxn+D+05-01-2010.PNG" border="0" /></a><br />USD/MXN Daily weak buying signals on the oscillators and a price loosing momentum over our daily span, bullish crossover under the cloud and a upward correction signal on the candles price formation may end up in a morning star, after last three days drmatic decrease today is a good day to go long. </div><br /><p></p><br /><p></p><br /><p></p><br /><p><br /> </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-65125973093601507732010-01-04T10:49:00.000-08:002010-01-04T10:54:01.340-08:0001/Jan/2010 USD/MXN<a href="http://4.bp.blogspot.com/__xV94PpIvwA/S0I4pDHLv8I/AAAAAAAAADg/r8TK1ZNgD8Y/s1600-h/usdmxn+D+04-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5422959179168726978" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 291px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/S0I4pDHLv8I/AAAAAAAAADg/r8TK1ZNgD8Y/s400/usdmxn+D+04-01-2010.PNG" border="0" /></a><br />01/Jan/2010 USD/MXN Daily. HiHi Frds Hope you welcome me back after a well deserved winter break, All though its said that the markets never sleep. They kind of did during my absence.<br />Daily studies shows no strong confirmed trend reversal from the Dollar bearish tendency against the Mexican Peso in spite of the correction upward reversals during December last week, add up a ten period Bollinger band to my already crowded chart and you’llfin a text book double top sell signal at 13.1. weak bullish tendency signals on American and Japanese oscillators while the price losses momentum quite rapidly, bottom for this correction will be found rapidly so if your not in, get in now. <br /><br /><div><br /></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div></div><div><div><a href="http://1.bp.blogspot.com/__xV94PpIvwA/S0I45tXmOVI/AAAAAAAAADo/qA-eNuh69TA/s1600-h/usdmxn+H+04-01-2010.PNG"><img id="BLOGGER_PHOTO_ID_5422959465389766994" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 293px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/S0I45tXmOVI/AAAAAAAAADo/qA-eNuh69TA/s400/usdmxn+H+04-01-2010.PNG" border="0" /></a></div><br />01/Jan/2010 USD/MXN Hourly. Like I was saying, first time I get the chance to see this, price gaps on the FOREX markets, even though this is the hourly study market was dead for most of the year change. Any how we have a dollar here gaining intra day momentum against the selling pressure and MACD that shows no signs of become stronger, we might appreciate a few upward correction within the Bollinger limits without an expected trend reversal <div><a href="http://1.bp.blogspot.com/__xV94PpIvwA/S0I45tXmOVI/AAAAAAAAADo/qA-eNuh69TA/s1600-h/usdmxn+H+04-01-2010.PNG"></a> </div></div><br /><div></div><br /><div></div><br /><div><br /><br /></div><br /><div><a href="http://1.bp.blogspot.com/__xV94PpIvwA/S0I45tXmOVI/AAAAAAAAADo/qA-eNuh69TA/s1600-h/usdmxn+H+04-01-2010.PNG"></a></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-67788653198064670792009-12-18T08:57:00.000-08:002009-12-18T09:09:19.460-08:00USD/MXN 18/12/2009/<a href="http://3.bp.blogspot.com/__xV94PpIvwA/Syu1Jr2rY4I/AAAAAAAAAC0/mVIhYzucQUE/s1600-h/usdmxn+D+18-12-2009.PNG"><img id="BLOGGER_PHOTO_ID_5416622154838664066" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 278px" alt="" src="http://3.bp.blogspot.com/__xV94PpIvwA/Syu1Jr2rY4I/AAAAAAAAAC0/mVIhYzucQUE/s400/usdmxn+D+18-12-2009.PNG" border="0" /></a><br /><div>On the daily outlook bullish price formation is taking place on the candlesticks while the price gains momentum, mild buy signals over RSI and MACD, we can expects it breaks the 13.00 resistance level over the next days.<a href="http://2.bp.blogspot.com/__xV94PpIvwA/Syu08AvEYPI/AAAAAAAAACs/Kim1oEeM2qU/s1600-h/usdmxn+H+18-12-2009.PNG"><img id="BLOGGER_PHOTO_ID_5416621919925723378" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 296px" alt="" src="http://2.bp.blogspot.com/__xV94PpIvwA/Syu08AvEYPI/AAAAAAAAACs/Kim1oEeM2qU/s400/usdmxn+H+18-12-2009.PNG" border="0" /></a> </div><div> </div><div>USD/MXN Intra day short-term analysis yields a positive outcome from last time we look into this chart, General up trend with minor corrections establishing a new trading channel between the 12.85s and 12.95s Bullish positive MACD with minor correction, bearish engulfing pattern forming so we can expect another price reversal to set the price back into the trading channel.<br /><br /><br /><br /><br /><br /><br /><br /></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1699943649480496377.post-8711979665478085392009-12-16T08:48:00.000-08:002009-12-16T08:52:45.099-08:00USD/MXN 16/12/2009<a href="http://1.bp.blogspot.com/__xV94PpIvwA/SykQQGMNPOI/AAAAAAAAACk/6_yaTorxtpc/s1600-h/usdmxn+D+16-12-2009.PNG"><img id="BLOGGER_PHOTO_ID_5415877895615495394" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 288px" alt="" src="http://1.bp.blogspot.com/__xV94PpIvwA/SykQQGMNPOI/AAAAAAAAACk/6_yaTorxtpc/s400/usdmxn+D+16-12-2009.PNG" border="0" /></a><br /><div>USD/MXN Daily For the second time in the H2 2009 it deeply pentrates the 12.800 barrier, Ichimoku cloud analysis trigers a strong bearish trend confirmed by the three Japanese signals together, RSI in the bearish direction as well as decreasing MACD Value but still on the bullish signal side we can expect minor correction that brings the price up at least to the 12.80 level, stay alert for the price formation patterns on the candlesticks <a href="http://4.bp.blogspot.com/__xV94PpIvwA/SykP-AJAxlI/AAAAAAAAACU/8IQmJlNL20E/s1600-h/usdmxn+H+16-12-2009.PNG"><img id="BLOGGER_PHOTO_ID_5415877584753837650" style="FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 400px; CURSOR: hand; HEIGHT: 291px" alt="" src="http://4.bp.blogspot.com/__xV94PpIvwA/SykP-AJAxlI/AAAAAAAAACU/8IQmJlNL20E/s400/usdmxn+H+16-12-2009.PNG" border="0" /></a><br />USD/MXN intra-day analysis: undetermined price trading among the channel line of fibo’s 0% and 23.6% resistance settled at 12.74 and strong short term bullish signals on the price oscillators and momentum indicators, long term recommendation buy for a barrier break through gain.<br /><br /></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div></div><br /><div><br /><br /> </div><br /><div></div>Unknownnoreply@blogger.com0